Save

Earn up to 3.16% (AER/Gross fixed) interest on your savings. That’s on a 12-month Fixed Pot with a £500 minimum deposit to open. (Fixed means the money will be locked away for 12 months while you earn interest on it.)

We offer Easy Access Savings too, which let you get your money the next working day!

Saving with Monzo

Spend

Get instant notifications the second you pay. Set budgets for things like groceries and going out, and get warnings if you’re spending too fast (if you want them).

A better way to pay later

Use Monzo Flex to spread the cost of pretty much anything.

If eligible it’s interest free over 3 instalments. Or there’s 6 or 12 instalments at 19% APR representative (variable) if you want more time.

More about Monzo Flex

Monzo Flex is credit for eligible 18+ year olds. Ts&Cs apply. Carefully consider the cost of using credit for purchases. Missed payments may negatively impact your credit score and you may lose the interest-free rate on existing plans.

Representative example: 19% APR representative (variable), with an assumed credit limit of £1,200 and an annual interest rate of 19% (variable).